S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketThe yield on the 10-year US Treasury note eased slightly to around 4.26% on Thursday but remained close to its highest level since August, supported by expectations that the Federal Reserve may hold off on interest rate cuts. Fed Governor Lisa Cook emphasized concerns over stalled inflation progress rather than a slowing labor market, indicating she would not support rate reductions until price pressures ease. Investors also weighed the implications of Kevin Warsh’s nomination as Fed chair, noting his preference for a smaller Fed balance sheet and a more measured approach to rate cuts. On the data front, the ADP report showed private employment growth fell well below expectations, while services activity exceeded forecasts. Meanwhile, the US Treasury maintained its issuance guidance for upcoming quarters, favoring a larger share of short-term bills over longer-term bonds to help manage borrowing costs amid elevated interest rates.
